Business & Money | Monday 13 February, 2023 4:50 pm

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution

Partnership addresses rising fraud, declines and chargebacksMastercard today announced that it is partnering with Network International, the leading enabler of digital commerce across the Middle East and Africa, to address fraud, declines and chargebacks in order to reduce costs and risk for...

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Business & Money | Monday 13 February, 2023 4:14 pm

In a further boost to its operations "Q Holding” announces executive leadership changes of Q Properties with appointment of CEO Ben Hudson and CDO David Harman.

“Q Holding”, Abu Dhabi’s major investment conglomerate, announced yesterday the appointment of two senior executives to lead its subsidiary, “Q Properties”, in its new phase of development.  “Q” appointed Ben Hudson as the new Chief Executive Officer and David Harman as the...

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Business & Money | Monday 13 February, 2023 3:28 pm

Saudi Food-tech Startup FeedUs To Raise $2.5M In A Seed Funding Round

Saudi digital ordering platform FeedUs announced it is seeking to raise $2.5 million in a seed funding round with participation from angel investors.A hub for connecting four main pillars of food delivery, which are food delivery providers (aggregators), POS system, white label online ordering...

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Business & Money | Monday 13 February, 2023 3:11 pm

Ora Developers Egypt Group to acquire new land in Egypt’s El Sheikh Zayed Extension

The leading real estate developer announces the growth of its land capacity to upgrade its project portfolio, caters to GCC customer preferences. Ora Developers Egypt Group, one of the market’s leading real estate companies, has announced that it is currently closing an acquisition deal of...

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Business & Money | Sunday 12 February, 2023 3:51 pm

Forbes Middle East Celebrates The Middle East’s 100 Most Powerful Businesswomen 2023

Meet The Region’s Top Female Business LeadersThe 2023 ranking of the region’s top women in businesses features 104 women from 27 nationalities across 27 sectors.The UAE and Egypt scored the most entries at 15 and 12, respectively, followed by Saudi with 11, Kuwait with eight, and Lebanon, Oman, ...

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Business & Money | Sunday 12 February, 2023 2:05 pm

Sharakah and WBAF sign MOU to boost global partnership and economic development cooperation

To enhance financial and digital inclusion, Sharakah recently signed a global partnership and economic development cooperation MOU with World Business Angels Investment Forum (WBAF) an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI). The agreement strives to...

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Business & Money | Sunday 12 February, 2023 1:58 pm

Bahri Line launches new liner service between Asia and Europe through Saudi Arabia

The new shipping route will connect Asia to Europe via Jeddah Islamic Port with a rotation of the Far East, India and Saudi Arabia Bahri Line, a business unit under Bahri Logistics, has officially established a new pendulum service line between the Asian and European continents. Traveling ...

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Business & Money | Saturday 11 February, 2023 4:27 pm

PIF ANNOUNCES COMPLETION OF SECOND GREEN BOND ISSUANCE

PIF’s second international bond issuance of USD 5.5 billion to finance or refinance eligible green projects, in accordance with PIF’s Green Finance Framework Issuance follows PIF’s inaugural green bond in October 2022, the first-ever green bond issued by a sovereign wealth fund and the...

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Business & Money | Saturday 11 February, 2023 3:30 pm

ADNEC Group achieves record performance in 2022

Contributing to invigorating Abu Dhabi’s economy in business tourism and leisure tourism sectors ADNEC Group’s work scope expanded to include new sectors and geographic areas in the Middle East and EuropeThe Group's economic contributions in 2022 increased by 48% compared to 2021, reaching ...

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Business & Money | Thursday 9 February, 2023 11:26 am

Emkan Finance develops new digital financing product in collaboration with IBM

New product powered by IBM Cloud Pak for Integration will serve the financial needs of SMEs and enable them to be key contributors to the economy Emkan Finance, a leading omnichannel fintech company owned by Al Rajhi Bank, has collaborated with IBM to develop its digital financing product for...

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